ANNUAL REPORT 2011 REGISTRATION DOCUMENT - Saft

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3 Auditor’s SUSTAINABLE DEVELOPMENT report on certain environmental and social indicators 3.4 AUDITOR’S REPORT ON CERTAIN ENVIRONMENTAL AND SOCIAL INDICATORS Year ended 31 December 2012 SAFT Groupe SA 12, rue Sadi-Carnot 93170 Bagnolet To the Shareholders, At the request of the SAFT Group (the “Group”) and in our capacity as the Group’s Statutory Auditor, we performed a review with the aim of providing assurance on certain environmental and social indicators selected by the Group. These data, which are the responsibility of the HR, Health and Safety department on the one hand, and Environment & Research department on the other hand, were prepared in accordance with internal procedures available for consultation at these departments (hereinafter “reporting criteria). The note on reporting methodology on page 66 of the 2011 Annual Report explains the data collection methodologies used to calculate the published indicators. It is our responsibility, based on the work performed, to express a conclusion on the selected indicators, as defi ned below. The conclusions formulated in our report relate to these indicators alone and not to all of the environmental and social data appearing in the 2011 Annual Report, and therefore not to all of the information in the 2011 Annual Report. I. SCOPE , NATURE AND FIELD OF WORK We conducted our procedures in accordance with the applicable professional guidelines. We conducted the following procedures in order to provide moderate assurance that the indicators (1) identifi ed by the symbol P on pages 69 to 74 of the 2011 Annual Report do not contain any material anomaly for the selected entities (2) , based in particular on the signifi cance of their contribution to the indicators and also to refl ect the Group’s diversity. A higher level of assurance would have required more extensive work. In accordance with the professional guidelines, we have assessed the reporting criteria with respect to their relevance, reliability, objectivity, clarity and completeness. Interviews were carried out with the persons responsible for the application of the reporting criteria at the HR, Health and Safety, and Environment & Research department. We performed tests on the application of the reporting criteria at the selected entities. We verifi ed the data reporting process at these entities and examined, on a sampling basis, the calculations at different consolidation levels. II. COMMENTS ON REPORTING CRITERIA In order to ensure a homogeneous reporting, some defi nitions and procedures for calculation should be specifi ed in the reporting criteria. The notion of recovered waste, in particular, should be clarifi ed. (1) These data are [The contribution of the selected entities to the Group’s data for our work are mentioned in brackets. It takes account of work done during on-site visits.]: Number of ISO 14OO1 certifi ed site [ 25%]; Water consumption (city water, well water) [49%]; Energy consumption (electricity, gas, steam) [ 38%]; Total of produced waste (hazardous and non-hazardous) [34%]; Percentage of recovered waste [43%]; Total headcount (by gender and geographical zone) [26%]; Recruitments (permanent contract, fi xed term contract) and Departures (resignations, retirements, death, lay off, others) [26%]; Number of collective agreement signed [34%]. (2) Saft AB Oskarshamn (Sweden) and Saft Bordeaux (France). 76 / SAFT - ANNUAL REPORT 2011
III. CONCLUSION Moderate assurance SUSTAINABLE DEVELOPMENT 3 Auditor’s report on certain environmental and social indicators Based on our work, we did not identify any material anomaly likely to call into question the fact that the data identifi ed by the symbol P were prepared, in accordance with the reporting criteria. La Défense, 13 February 2012 Mazars Emmanuelle Rigaudias Juliette Decoux Sustainable development Partner Partner SAFT - ANNUAL REPORT 2011 / 77
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THE FUTURE COMES FROM EXPERIENCE AN
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5 COMMENTS ON THE 2011 FINANCIAL YE
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19 SITES WORLDWIDE 16 MANUFACTURING
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FRANçOIS LINCk MARkETING MANAGER N
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What vision for lithium-ion? ANNE D
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What vision for renewable energy st
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What vision for the environment? CL
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OVERVIEW 2011 MESSAGE FROM THE CHAI
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“I am convinced the company’s p
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Limassol Moscow Port Washington Val
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JUNE ENERGY STORAGE FOR SEPTA The S
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EBITDA (in e million) 110.0 406.6 1
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35 30 25 20 STOCk MARkET INFORMATIO
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Page 35 and 36: Saft launched the SRM+ compact solu
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Page 41 and 42: THE EXPERT EXPLAINS Each battery sy
Page 43 and 44: COMMITMENTS RESEARCH & DEVELOPMENT
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Page 47 and 48: This is a very important next step
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Page 57 and 58: technologies, while maintaining a f
Page 59 and 60: of expertise and affect the Group
Page 61 and 62: 2.5 MARKET RISKS 2.5.1 RAW MATERIAL
Page 63 and 64: RISK FACTORS 2 Risks related to the
Page 65 and 66: 2.8 INSURANCE The Group has a polic
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Page 71 and 72: Type and amount of waste generated
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Page 83 and 84: A short presentation of each Manage
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Page 89 and 90: CORPORATE GOVERNANCE 4 Remuneration
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6 2011 CONSOLIDATED FINANCIAL STATE
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Risk management 6 2011 CONSOLIDATED
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Balance sheet by business segment A
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NOTE 8 GOODWILL 6 2011 CONSOLIDATED
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17.2 PUBLIC GRANTS RELATED TO RESUL
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6 Notes 2011 CONSOLIDATED FINANCIAL
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6 Statutory 2011 CONSOLIDATED FINAN
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7 Balance PARENT COMPANY CERTIFIED
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INFORMATION ABOUT THE COMPANY AND I
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ANNUAL GENERAL MEETING 9.1 Overview
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ANNUAL GENERAL MEETING 9 Statutory
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3. Services Agreement Type of agree
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ADDITIONAL INFORMATION 10 10.1 Docu
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ADDITIONAL INFORMATION10 Offi cers
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ADDITIONAL INFORMATION10 registrati
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ADDITIONAL INFORMATION10 Annual fi
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ADDITIONAL INFORMATION10 Cross-refe
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The information contained in the ma
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